First Virginia Bank-Southwest in city_name, state_name - Detailed Financial Reports, Location

First Virginia Bank-Southwest in Roanoke, Virginia (VA)
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First Virginia Bank-Southwest - Overview

General
FDIC Certificate #: 20877
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company of Virginia (#22584)
Federal Reserve ID: 208329
Date Established: December 04, 1972
WWW: http://www.firstvirginia.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 60 (Interstate: No)
FDIC's unique #: 14422
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: December 04, 1972
Last Structure Change Effective Date: October 10, 2003
Last Structure Change Process Date: November 04, 2003
Last Data Update: November 04, 2003
Data Source Date: April 05, 2012
Location
Address: 6625 Williamson Road, Roanoke, VA 24019
County: Roanoke
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Richmond
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Roanoke, VA (#6800)
Core Based Statistical Area (CBSA): Roanoke, VA (#40220)
CBSA Metro Statistical Area: Roanoke, VA (#40220)
Financial Summary
Total assets: $1,484.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2002)

Dollar figures in thousands
525Total employees (full-time equivalent)
$1,431,733Total assets
$45,730Cash and due from depository institutions
$0Interest-bearing balances
$524,615Securities
$0Federal funds sold & reverse repurchase agreements
$820,453Net loans & leases
$9,208Loan loss allowance
$0Trading account assets
$14,906Bank premises and fixed assets
$592Other real estate owned
$2,502Goodwill and other intangibles
$0Life insurance assets
$22,935All other assets
$1,431,733Total liabilities and capital
$1,341,046Total liabilities
$1,221,175Total deposits
$1,025,319Interest-bearing deposits
$1,221,175Deposits held in domestic offices
0.00%% insured (estimated)
$56,909Federal funds purchased & repurchase agreements
$0Trading liabilities
$49,700Other borrowed funds
$0Subordinated debt
$13,262All other liabilities
$90,687Total equity capital
$90,687Total bank equity capital
$90,687Perpetual preferred stock
$0Common stock
$23,839Surplus
$28,709Undivided profits
Memoranda
$38,139Noncurrent loans and leases
$137,604Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,575Earning assets
$0Long-term assets (5+ years)
$5,248Average Assets, year-to-date
$1,345,068Average Assets, quarterly
$672,299Volatile liabilities
$1,425,509Insider loans
$1,425,875FHLB advances
$198,689Loans and leases held for sale
$4,748Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$137,604Total unused commitments
$0Restructured Loans and leases
$9,208Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$88,827Total interest income
$26,698Total interest expense
$62,129Net interest income
$823Provision for loan and lease losses
$12,871Total noninterest income
$0Fiduciary activities
$8,951Service charges on deposit accounts
$0Trading account gains & fees
$3,920Additional noninterest income
$46,326Total noninterest expense
$17,214Salaries and employee benefits
$3,603Premises and equipment expense
$25,509Additional noninterest expense
$27,851Pre-tax net operating income
$0Securities gains (losses)
$9,626Applicable income taxes
$18,225Income before extraordinary items
$0Extraordinary gains - net
$18,225Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,408Sale, conversion, retirement of capital stock, net
$15,500Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.67%Yield on earning assets
2.00%Cost of funding earning assets
4.66%Net interest margin
0.97%Noninterest income to earning assets
3.48%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.95%Pretax return on assets
19.62%Return on equity (ROE)
2.93%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
58.45%Credit loss provision to net charge-offs
20.37%Efficiency ratio
61,231Assets per employee
2.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.05%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
584.63%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.19%Net loans and leases to deposits
67.19%Net loans and leases to core deposits
72.66%Equity capital to assets
6.33%Core capital (leverage) ratio
6.16%Tier 1 risk-based capital ratio
10.95%Total risk-based capital ratio
Memoranda
$12Average assets
$1,425,509Average earning assets
$92,911Average equity
$1,332,456Average loans

Total Fiduciary and Related Assets (December 31, 2002)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$45,359Managed Assets
1Number of Accounts
$45,359Personal trust and agency accounts
$35,208Employee benefit-defined contribution accounts
$722Employee benefit-defined benefit accounts
$0Other retirement accounts
$4,570Corporate trust and agency accounts
$1Investment management agency accounts
$4,859Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
116Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

First Virginia Bank-Southwest in Roanoke, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Virginia Bank-Southwest - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

Total Fiduciary and Related Assets (December 31, 2002)

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First Virginia Bank-Southwest in Roanoke, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Virginia Bank-Southwest - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

Total Fiduciary and Related Assets (December 31, 2002)

Comment about this bank, ask questions, or add new information about it:

First Virginia Bank-Southwest in Roanoke, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches